The Orient Commercial Joint Stock Bank (OCB) said it had made a pre-tax profit of VND174 billion (US$9.15 million) in the first six months of the year - 43.5 per cent of its plan for 2010.

Deposits in the first half of the year totalled VND10.7 trillion ($567.9 million), up 18 per cent against the same period in 2009. The bank lent VND9.8 trillion ($516.6 million) in the first six months of the year, up 17 per cent against the same period in 2009.

The OCB has asked the State Bank of Viet Nam for permission to raise its charter capital to VND3.1 trillion ($163.15 million) from VND2 trillion ($105.26 million).

(Source: Vietnamnet)